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MCMInvest (80.10)

OXM: Expect 50% Up in 30 days

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1

April 07, 2009 – Comments (2) | RELATED TICKERS: OXM

I'm experimenting with a weekly blog post employing "call" calls. I'm curious to see how this is received.

 

OXM will hit 10 in the near term, less than 30 days. 

 

Reasons:

   - Excellent Management

   - Pleasing lucidity of recent quarterly conference call

   - Strong brands in Tommy Bahama, Ben Sherman, Oxford Golf

   - Licenses to produce and sell various categories of apparel and footwear products under the Nautica, Dockers, Geoffrey Beene, Kenneth Cole, US Polo, and Tommy Hilfiger

   - Market has already priced in the 2-3 years of economic turndown

   - Blue Chip Institutional Investors/Indices: Barclays, Vanguard, Russell 2000, S&P 600

 

2 Comments – Post Your Own

#1) On April 07, 2009 at 5:00 PM, MicroCaptain (< 20) wrote:

Did they not have excellent management when the stock was at 29? Did they have murky conference calls when the stock was at 29? Were those not strong brands when the stock was at 29? Did they not have any of those licenses when the stock was at 29? Institutions were not investors in OXM at 29?

 

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#2) On April 07, 2009 at 9:46 PM, MCMInvest (80.10) wrote:

Indeed, I agree 100%. As such I feel this to be a value play. The amount one spends on clothing is a reflection of their discretionary free capital. Once more Americans have access to discretionary capital, they're going to go back to the brands reflecting the lifestyle they enjoy. At such time price market-up discussions for increased profitability can resume. At this point all B2Cs are trying their best to endure the recession and emerge in this corporate battle of attrition.

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